New Delhi, June 5 (IANS) The Reserve Bank of India’s (RBI) decision to keep policy repo rate unchanged focuses on preserving financial stability and will keep growth prospects intact in the long term, economists and industry leaders said on Friday.Dr Ranjeet Mehta, CEO and Secretary General, PHDCCI, said the policy decision reflects a balanced view of upside risks facing the economy. While external uncertainties have increased, RBI’s move created a conducive environment to keep medium to long …
Latest Indian Bank News & Updates
New Delhi, June 2 (IANS) State-owned Canara Bank has approved a plan to raise up to Rs 8,500 crore through debt instruments during FY27 as the lender looks to strengthen its capital base and support future business growth.In an exchange filing, the public-sector bank said its board had approved raising up to Rs 4,500 crore through Basel III-compliant Additional Tier I (AT1) bonds and up to Rs 4,000 crore through Basel III-compliant Tier II bonds.The fundraising will be carried out during FY27, s…
New Delhi, May 28 (IANS) Union Education Minister Dharmendra Pradhan on Thursday chaired a high-level review meeting at the Central Board of Secondary Education (CBSE) headquarters in New Delhi to review issues related to the evaluation and post-result processes of Class 12 examinations. During the meeting, the Minister directed officials to take all necessary measures to resolve the issues faced by students in a timely, transparent, and amicable manner, according to a statement from the Ministr…
New Delhi, May 28 (IANS) Student organisation Krantikari Yuva Sangathan (KYS) on Thursday condemned what it described as technical failures and evaluation-related discrepancies in the On-Screen Marking (OSM) evaluation system introduced by the CBSE this year.In a statement issued by KYS Delhi State Committee Member Bhim Kumar, the organisation demanded an independent and transparent investigation into the CBSE’s evaluation crisis.Meanwhile, Union Education Minister Dharmendra Pradhan chaired a h…
New Delhi, May 28 (IANS) Amid the controversy surrounding the CBSE’s On-Screen Marking (OSM) system, Union Education Minister Dharmendra Pradhan on Thursday assured that strict action would be taken if any deliberate negligence or wrongdoing was found in the process. He also criticised the Leader of Opposition in the Lok Sabha, Rahul Gandhi, saying the Congress leader was acting out of frustration following repeated electoral defeats. Speaking to reporters in Delhi, Pradhan said the Central Bo…
New Delhi, May 24 (IANS) Union Education Minister Dharmendra Pradhan on Sunday spoke with the Union Finance Minister Nirmala Sitharaman in view of the payment-related issues being faced by students during the Central Board of Secondary Education (CBSE) post-result and re-evaluation process and both agreed to involve State Bank of India (SBI) and three other Public Sector Banks (PSBs) to weed out glitches. During the discussion, it was decided that four PSBs — SBI, Bank of Baroda, Canara Bank an…
New Delhi, May 24 (IANS) In response to widespread technical and payment-related issues faced by students during the CBSE post-result and re-evaluation process, Union Education Minister Dharmendra Pradhan on Sunday held discussions with Union Finance and Corporate Affairs Minister Nirmala Sitharaman to address the concerns and improve the system.Following the meeting, it was decided that four major public sector banks — State Bank of India, Bank of Baroda, Canara Bank and Indian Bank — will ex…
New Delhi, April 19 (IANS) The Central Bureau of Investigation (CBI) arrested a Deputy Director General at the Airworthiness Directorate of the Directorate General of Civil Aviation’s (DGCA) Headquarters in New Delhi along with a representative of a private company in a bribery case of Rs 2.5 lakh resulting in the seizure of the entire amount, an official said on Sunday. “Mudavath Devula, Deputy Director General at the Airworthiness Directorate of Directorate General of Civil Aviation (DGCA) Hea…
Hyderabad, April 19 (IANS) A team of the Central Bureau of Investigation (CBI) caught three bank officials, including the chief manager, red-handed in Andhra Pradesh’s Eluru district while taking a bribe, officials said. Those arrested for taking Rs 25,000 bribe included the chief manager, Clerk-cum-cashier and gold appraiser, all staff of the Indian Bank branch in Eluru.According to a press statement by the investigative agency, the arrested staff were identified as Banavatu Nagu, Chief Manag…
Chennai, March 17 (IANS) In a significant breakthrough in a long‑pending bank fraud case, the Central Bureau of Investigation (CBI) has arrested an absconding accused who had been evading authorities for years by living under a false identity in Chennai. The accused, identified as M. Naga Kumar alias Tamil Selvan, was apprehended on March 16, 2026, following sustained surveillance and intelligence‑based operations.The case dates back to September 29, 2015, when the CBI registered a First Inf…